Senior Director of Finance
Company: Performance Hospitality
Location: Fort Lauderdale
Posted on: May 16, 2022
Job Description:
Company Overview: Performance Hospitality is a lifestyle hotel
management company committed to providing outstanding service to
our guests! We manage a variety of branded, independent hotels in
major US markets. We take pride in our ability to deliver
exceptional guest and associate experiences by focusing on
inspiring individuals through a thoughtful delivery of
self-expression hospitality. We believe that providing innovative,
cutting-edge practices, along with transparent communications, is a
fundamental part of our commitment. Purpose:The Senior Director of
Finance, under the direction of the Director, provides continuous
leadership and guidance in all matters relating to the financial
operation of the hotel by providing accurate and timely financial
reports to assist the management decision making process. This
position is responsible for maintaining acceptable internal control
procedures designed to safeguard owners/investors assets, ensuring
compliance with all Federal, Provincial, Local regulations.
Additional responsibilities include; staffing, training, scheduling
of employees; planning organizing, directing and coordinating all
department activities to ensure efficient operations. direct the
daily, weekly and monthly reporting process in compliance with
Management and Ownership requirements as well as how to develop
accurate and timely forecasts including labor management along with
other departments. Work closely with Front Office, Reservations,
Sales, and Catering Department to assist them in identifying
optimum ways to drive revenues while balancing market segments.
Actively involved in yield management and revenue
enhancement.Essential Function of Job:
- Manages/oversees the accounting & finance department to ensure
optimal efficiency of financial operations and adherence to our
strategic direction.
- Directs all financial reports, ledger reviews and forecasts
according to the established schedule, for distribution of
operational information necessary to assist management in
decision-making and budget preparation processes.
- Oversees preparation of and interprets monthly financial
statements and present to management. Monitors revenues/expenses
and ensures accurate recording of information to established
guidelines.
- Compiles financial data related to operations, investigates and
critiques variances from expectations to determine cause and
recommend appropriate management response to insure attainment of
hotels financial objectives.
- Establishes and oversees/audits all internal financial controls
to include purchasing, cash handling, receipts, disbursements,
expendable/fixed asset inventories, payroll and employee records to
insure policies are enforced according to our standards.
- Coordinates annual internal and external audit processes.
- Assist with preparation of annual profit plan and the capitol
planning process.
- Assists division and department heads in the preparation of
their respective budgets. Maintains files pertaining to and
ensuring compliance with insurance policies, all contracts and
legal agreements. Approves as needed all purchase orders, payroll
submittals, cash transfers to owners, manual checks, balance sheet
and bank reconciliation's, month end journal entries, bad debt
write-off's, all inter-hotel and corporate billings.
- Solid training in all areas of Accounting from A/P, A/R,
General Ledger, Credit, Collections, Audit, Inventory, Labor
Allocation, Budgeting, Costing, P&L preparation and analysis,
etc.
- Spend significant time each week assisting Departments on
operational issues.
- Work closely with Front Office, Reservations, Sales, and
Catering Department to assist them in identifying optimum ways to
drive revenues while balancing market segments.
- Actively involved in yield management and revenue
enhancement.Qualifications:Bachelor's Degree in Finance or
Accounting. Master's Degree in Accounting or Finance a plus. Six
(6) to eight (8) years of progressive experience in managing or
directing Hospitality Accounting and/or Finance. Effective
management, leadership, organizational and communications skills.
Extensive knowledge of computer based front and back of house
Accounting Management Systems - Quickbooks, Data Plus. Proficient
in Windows, Excel and MS-Office software operating systems and
applications Organization/prioritization skills necessary to meet
deadlines. Good mathematical aptitude, Good communication skills,
both written and oral.
Keywords: Performance Hospitality, Fort Lauderdale , Senior Director of Finance, Accounting, Auditing , Fort Lauderdale, Florida
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